⛏️ The Legacy #TRUMP Continues to Accumulate!
American Bitcoin Corp. (ABTC) of Eric Trump added 416 BTC to its reserves in one week
American Bitcoin Corp. (ABTC), one of the most visible miners in the market with #bitcoin and majority-owned by #Hut8 (HUT), has strengthened its strategic position with an impressive addition to its balance sheet.
In the week ending December 8, ABTC added 416 #BTC to its reserves, raising its total treasure to 4,783 BTC. This move underscores a strong holding strategy in anticipation of future market movements.
#EricTrump , co-founder and current Chief Strategy Officer (CSO) of the company, highlighted the solid operational performance. According to Trump, the company's key indicator, Satoshis per Share (SPS), surged to 507, representing an increase of more than 17% in just over a month.
The SPS measures the amount of Bitcoin linked to each share outstanding, serving as a crucial metric for investors to gauge the real value of BTC backing their equity investment in the miner.
